Langesgade 8 ApS — Credit Rating and Financial Key Figures

CVR number: 40548076
Rafns Alle 1, 9000 Aalborg
mj@huusly.com
tel: 30538137

Company information

Official name
Langesgade 8 ApS
Established
2019
Company form
Private limited company
Industry

About Langesgade 8 ApS

Langesgade 8 ApS (CVR number: 40548076) is a company from AALBORG. The company recorded a gross profit of 214.2 kDKK in 2024. The operating profit was 476.8 kDKK, while net earnings were 317.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 1.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Langesgade 8 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit190.65157.46220.90181.05214.19
EBIT213.55265.10147.88- 245.20476.84
Net earnings41.6983.82-8.76- 369.98317.80
Shareholders equity total89.64173.46164.70- 205.28112.51
Balance sheet total (assets)6 439.996 502.286 444.536 066.936 323.35
Net debt6 167.866 114.426 117.896 086.936 021.46
Profitability
EBIT-%
ROA3.3 %4.1 %2.3 %-3.8 %7.6 %
ROE60.6 %63.7 %-5.2 %-11.9 %10.3 %
ROI3.4 %4.2 %2.3 %-3.9 %7.7 %
Economic value added (EVA)- 152.99- 111.84- 201.31- 542.51165.42
Solvency
Equity ratio1.4 %2.7 %2.6 %-3.3 %1.8 %
Gearing6956.5 %3536.0 %3716.6 %-2997.7 %5403.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents68.0919.053.3166.8957.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.58%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.79%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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